Jilin Cash vs Common Stock Analysis

300597 Stock   9.58  0.05  0.52%   
Jilin Jlu financial indicator trend analysis is infinitely more than just investigating Jilin Jlu Communication recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jilin Jlu Communication is a good investment. Please check the relationship between Jilin Jlu Cash and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jilin Jlu Communication. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash vs Common Stock

Cash vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jilin Jlu Communication Cash account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jilin Jlu's Cash and Common Stock is 0.98. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Jilin Jlu Communication, assuming nothing else is changed. The correlation between historical values of Jilin Jlu's Cash and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Jilin Jlu Communication are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Jilin Jlu's Cash and Common Stock go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash

Cash refers to the most liquid asset of Jilin Jlu Communication, which is listed under current asset account on Jilin Jlu Communication balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jilin Jlu customers. The amounts must be unrestricted with restricted cash listed in a different Jilin Jlu account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock

Most indicators from Jilin Jlu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jilin Jlu Communication current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jilin Jlu Communication. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about (2.2 M). In addition to that, Selling General Administrative is expected to decline to about 24.4 M
 2021 2022 2023 2024 (projected)
Interest Income3.5M4.1M5.7M2.9M
Net Interest Income3.2M3.4M2.8M2.3M

Jilin Jlu fundamental ratios Correlations

0.130.971.00.910.980.940.580.950.920.160.850.950.760.960.91-0.770.980.670.990.870.960.930.70.870.77
0.130.160.15-0.160.310.230.470.31-0.1-0.04-0.050.28-0.44-0.010.120.060.13-0.250.2-0.150.280.04-0.47-0.3-0.47
0.970.160.960.890.950.860.610.930.870.220.770.940.680.930.8-0.661.00.580.970.830.960.930.710.820.71
1.00.150.960.90.980.950.570.950.920.140.850.950.760.950.93-0.780.960.680.990.860.960.910.680.860.77
0.91-0.160.890.90.830.820.310.820.880.190.890.850.90.920.8-0.830.90.80.890.960.860.850.850.920.9
0.980.310.950.980.830.930.610.970.850.110.80.950.620.90.88-0.70.950.590.990.790.990.870.590.760.64
0.940.230.860.950.820.930.540.870.880.120.890.930.720.880.97-0.760.870.740.920.840.870.840.540.80.72
0.580.470.610.570.310.610.540.70.340.140.150.710.130.40.45-0.040.59-0.130.630.160.580.49-0.050.190.1
0.950.310.930.950.820.970.870.70.760.120.710.960.580.830.82-0.640.930.480.980.730.980.80.510.690.59
0.92-0.10.870.920.880.850.880.340.760.150.890.80.870.980.91-0.840.890.810.870.90.810.950.820.970.88
0.16-0.040.220.140.190.110.120.140.120.150.220.190.150.180.010.030.220.180.160.230.120.060.20.20.23
0.85-0.050.770.850.890.80.890.150.710.890.220.780.850.880.88-0.870.790.950.810.970.770.770.750.90.87
0.950.280.940.950.850.950.930.710.960.80.190.780.650.850.86-0.640.930.570.970.790.940.830.510.720.65
0.76-0.440.680.760.90.620.720.130.580.870.150.850.650.840.78-0.840.710.860.70.90.60.750.830.940.98
0.96-0.010.930.950.920.90.880.40.830.980.180.880.850.840.88-0.830.950.760.920.910.880.970.820.950.85
0.910.120.80.930.80.880.970.450.820.910.010.880.860.780.88-0.820.810.760.880.820.820.840.570.830.76
-0.770.06-0.66-0.78-0.83-0.7-0.76-0.04-0.64-0.840.03-0.87-0.64-0.84-0.83-0.82-0.68-0.85-0.72-0.86-0.69-0.72-0.72-0.84-0.8
0.980.131.00.960.90.950.870.590.930.890.220.790.930.710.950.81-0.680.60.970.840.960.940.730.850.73
0.67-0.250.580.680.80.590.74-0.130.480.810.180.950.570.860.760.76-0.850.60.610.920.560.630.770.860.87
0.990.20.970.990.890.990.920.630.980.870.160.810.970.70.920.88-0.720.970.610.830.980.890.640.810.71
0.87-0.150.830.860.960.790.840.160.730.90.230.970.790.90.910.82-0.860.840.920.830.80.810.850.940.91
0.960.280.960.960.860.990.870.580.980.810.120.770.940.60.880.82-0.690.960.560.980.80.850.620.750.63
0.930.040.930.910.850.870.840.490.80.950.060.770.830.750.970.84-0.720.940.630.890.810.850.760.880.75
0.7-0.470.710.680.850.590.54-0.050.510.820.20.750.510.830.820.57-0.720.730.770.640.850.620.760.920.89
0.87-0.30.820.860.920.760.80.190.690.970.20.90.720.940.950.83-0.840.850.860.810.940.750.880.920.96
0.77-0.470.710.770.90.640.720.10.590.880.230.870.650.980.850.76-0.80.730.870.710.910.630.750.890.96
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Jilin Jlu Account Relationship Matchups

Jilin Jlu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B1.4B1.4B1.2B
Other Current Liab72.8M53.8M75.7M33.3M36.4M44.3M
Total Current Liabilities289.0M266.3M236.7M295.0M343.9M292.0M
Total Stockholder Equity803.2M828.7M854.1M1.1B1.1B898.5M
Net Tangible Assets760.4M793.8M819.6M841.7M968.0M797.8M
Retained Earnings349.3M374.6M402.4M418.9M372.7M376.5M
Accounts Payable175.0M164.7M111.2M162.6M107.9M114.4M
Cash335.2M343.5M310.5M372.1M387.5M348.2M
Non Current Assets Total115.0M115.2M153.4M251.3M261.6M150.2M
Non Currrent Assets Other406.1K115.0M26.1M54.5M57.1M53.7M
Other Assets12.7M39.4M41.6M71.1M81.8M85.8M
Net Receivables425.9M422.5M398.4M439.3M415.0M441.7M
Inventory211.1M185.7M221.3M292.4M322.8M238.2M
Other Current Assets5.3M9.0M11.6M13.5M9.8M8.2M
Other Stockholder Equity69.4K633.2K745.1K(1.3M)(1.2M)(1.1M)
Total Liab289.0M266.3M239.1M307.3M352.4M295.2M
Deferred Long Term Liab401.9K1.1M1.4M2.4M2.8M2.9M
Total Current Assets977.5M979.9M941.9M1.1B1.2B1.0B
Intangible Assets9.4M9.0M13.5M19.3M25.0M26.2M
Property Plant Equipment66.2M64.5M63.7M105.5M121.3M70.5M
Net Invested Capital803.2M828.7M856.6M1.1B1.2B981.6M
Net Working Capital688.5M713.5M705.2M846.5M831.6M805.2M

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Other Information on Investing in Jilin Stock

Balance Sheet is a snapshot of the financial position of Jilin Jlu Communication at a specified time, usually calculated after every quarter, six months, or one year. Jilin Jlu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jilin Jlu and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Jilin currently owns. An asset can also be divided into two categories, current and non-current.